Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|EPCU Summary Report: Application of 403(b) Universal Availability Rule by K-12 Schools|
Internal Revenue Service [IRS]
Sept. 1, 2015
"We discovered... that over ninety percent of schools offer employees the opportunity to defer salary to a 403(b) plan. Most appear to make the plan available with little restriction as to minimum deferral amounts required. The vast majority exclude substitute and part-time teachers as a group ... Some schools allow excludable employees working under 20 hours to participate ... Nearly half offered other deferral options like a 401(k) plan in addition to the 403(b)."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|